RIL, Sun TV, India Cements: Are IPL franchisee stocks worth your money?

Reliance Industries' chart seems to predict 14% upside

The IPL Media Rights Auction, which generated bids worth record Rs 48,400 crore, has put the spotlight back on one of the world's biggest cricket tournaments. And now, listed companies and team owners such as Reliance Industries (Mumbai Indians), United Spirits Royal Challengers bangalore), Sun TV (Sunrisers Hyderabad), and India Cements (Chennai Super Kings) may be eyeing selling a part of their stake in the companies.

Other listed owners include GMR Infrastructure and JSW Steel (Delhi Capitals), and RPSG Ventures (Lucknow Super Gaints).

According to a Business Standard report, analysts are predicting that the teams' net profit would increase